$IP is showing a clean bullish continuation after holding the key base around 1.97. Price consolidated for a while, absorbed selling pressure, and then expanded sharply with strong momentum, which confirms buyers are firmly in control. This kind of vertical push usually comes after accumulation, not at random, and it signals strength rather than exhaustion for now.

Trade Setup (Momentum-Based):

Entry Zone: 2.45 – 2.55 (pullbacks preferred, avoid chasing)

Targets: 2.75 → 3.00 (extension if momentum sustains)

Invalidation / Risk Level: Below 1.97